Patagonia Gold Corp 2010 Annual Report
The report highlights Patagonia Gold Plc's progress during 2010 as it transitions from an exploration company to a gold producer in the Santa Cruz Province of Argentina. Key milestones include reaching a resource base of over 1.1 million ounces of gold equivalent and commissioning the Lomada trial heap leach project, with first gold production expected in May 2011. The company also successfully negotiated the elimination of Barrick's 'Back in Right' on its properties in exchange for a 2.5% Net Smelter Return royalty. Patagonia Gold maintains its commitment to environmental and social responsibility by conducting environmental impact studies and prioritizing local hiring.
Company: Patagonia Gold Corp
Sector: Mining & quarrying
Country: Canada
Year: 2010
Type: Annual Report
Pages: 79
Patagonia Gold Corp
The report highlights Patagonia Gold Plc's progress during 2010 as it transitions from an exploration company to a gold producer in the Santa Cruz Province of Argentina. Key milestones include reaching a resource base of over 1.1 million ounces of gold equivalent and commissioning the Lomada trial heap leach project, with first gold production expected in May 2011. The company also successfully negotiated the elimination of Barrick's 'Back in Right' on its properties in exchange for a 2.5% Net Smelter Return royalty. Patagonia Gold maintains its commitment to environmental and social responsibility by conducting environmental impact studies and prioritizing local hiring.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
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Employees